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Korean firm Daesang said it has developed L-Histidine, a semi-essential amino acid, becoming the third company globally to produce it industrially. The company targets 30% of a market it values at about 100 billion won by 2020, and it already has supply deals with fish feed producers.
This is a niche amino acid with limited feed-grade volume, so the new supplier has little effect on mainstream feed commodity prices, though it adds competition in specialty salmon feed additives.
koreaherald.comPark Han-naOct 16, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
